---
title: "GB-Sheffield: MD Direct Investment Recruitment"
ocid: "ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BRITISH BUSINESS BANK"
published: "2025-09-26"
---

# GB-Sheffield: MD Direct Investment Recruitment

Buyer: BRITISH BUSINESS BANK  
Current stage: Award  
OCID: ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c.json)

## Summary

The public procurement process for recruiting a Managing Director for direct investment has been concluded by the British Business Bank, located in Sheffield. The tender, classified under recruitment services (CPV code 79600000), involved a contract valued at £70,000. The procurement stage is the award phase, with the contract active from 12th September 2025 until 11th September 2026. The recruitment services cover a wide range of locations, including the British Overseas Territories, Channel Islands, Europe, Isle of Man, and the United Kingdom. The procurement method was unspecified, and the award to "Drax Altus" was published on 26th September 2025. This project was aligned with the Bank's standard financial instructions (SFIs).

This tender presents significant opportunities for businesses specialising in recruitment, particularly those experienced with high-level executive placements. Organisations capable of handling international requirements will find this in line with their growth strategies, given the worldwide scope of delivery. While the contract is not specifically aimed at SMEs or VCSEs, larger firms like the awarded supplier, Drax Altus, are well-positioned due to the scale of the service demands and value involved. Such contracts can provide substantial business growth by establishing relationships with prominent institutions such as the British Business Bank and enhancing pre-existing service portfolios.

## Notice

For the provision of recruitment services for a Managing Director, direct investment. This was procurement inline with the Banks standing financial instructions (SFI's)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/818e1616-65d4-4dce-b30d-fe0f6d3918c4 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Sep 2025 |
| Submission deadline | 4 Aug 2025 |
| Future notice date | Not specified |
| Award date | 4 Aug 2025 |
| Contract period | 11 Sep 2025 - 11 Sep 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £70,000 |
| Lots value | Not specified |
| Awards value | £70,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BRITISH BUSINESS BANK |
| Locality | SHEFFIELD |
| Post town | Sheffield |
| Postcode | S1 2GQ |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE3 South Yorkshire |
| ITL 3 | TLE32 Sheffield |
| Local authority | Sheffield |
| Electoral ward | City |
| Westminster constituency | Sheffield Central |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | DRAX ALTUS |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79600000 - Recruitment services

## Release History

- 26 Sep 2025 at 14:30 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/818e1616-65d4-4dce-b30d-fe0f6d3918c4

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/818e1616-65d4-4dce-b30d-fe0f6d3918c4
  26th September 2025 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=982536950
  Please follow this link to view the notice.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-e0264963-a018-4710-ba5c-ee9389afd56c.json.